Functions and Types of Banks in Indonesia Meeting 1 S2W1

What is the main function of a bank?

• Issuing money through credit payments and investments

• Collecting funds from the public in the form of savings

• Placing their funds in the form of deposits in another banks

• Providing credits for the community

What is the main difference between Rural Banks/BPR and Commercial Banks?

• Rural Banks are prohibited from accepting current account deposits (GIRO), while Commercial Banks are not

• Commercial Banks provide funds and deposits based on sharia principles, while Rural Banks do not

• Commercial Banks do not provide credit or other forms to the community, while Rural Banks do

• Rural Banks provide services in payment transferring, while Commercial Banks do not

What is one of the duties of Commercial Banks?

• Implementing and settling monetary policy.

• Collecting funds from the public in the form of savings

• Achieving and maintaining stability of the Rupiah currency.

  
  

• Placing their funds in the form of deposits in another banks

Which one is the definition of Rural Banks/BPR?

• A bank that carries out business activities conventionally or based on sharia principles

• A bank that provides services in payment transferring

• A bank that focuses on international trade

• A bank that only accepts current account deposits

Providing credits for the community is the role of Central Bank (Bank of Indonesia) in the banking system

• True

• False

Banks are financial institutions licensed to receive deposits and make loans

• True

• False

What is the single objective of Bank Indonesia?

• Implementing and settling monetary policy

• Achieving and maintaining stability of the Rupiah value

• Safeguard monetary stability

• Organize and maintain the smooth running of the payment system

What are the functions of Rural Banks/BPR?

• Providing credits for the community

• Placing their funds in the form of deposits in another banks

• Collecting funds from the public in the form of savings

• Issuing money through credit payments and investments

What are the three main pillars of Central Banks (Bank Indonesia)?

• Regulating and supervising the performance of banks

• Maintaining the smooth running of the payment system

• Safeguarding monetary stability

• Providing credits for the community

A bank is a financial institution licensed to receive deposits and make loans

• True

• False